Sampath Bank reports PAT of Rs 3.97Bn for six months ended 30th Jun 2020
Aug 13, 2020 (LBO) - The global economy took a steep downward trend with the COVID-19 pandemic epicentre shifting from China and East Asia to the United States …
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National Chamber of Exporters welcomes new Govt.
Aug 10, 2020 (LBO) - The National Chamber of Exporters of Sri Lanka (NCE) congratulated the newly concluded election and the great victory achieved, in the …
China assures continued support to SL following MR victory
Aug 10, 2020 (LBO) - The Chinese Government has congratulated new Prime Minister Mahinda Rajapaksa and his party Sri Lanka Podujana Peramuna (SLPP) for winning …
Hotels Association welcomes new PM and Govt: Call for tourism development
Aug 10, 2020 (LBO) - The Hotels Association of Sri Lanka (THASL) congratulated President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa for their …
Are caveat notices strangling the condominium industry in Sri Lanka?
Kapila Gamage Attorney-at-Law and Condominium Consultant The condominium developers of Sri Lanka are being terrorized by a new kind of threat that is …
Sri Lanka’s GDP contracts by 1.6% in 1Q 2020
Aug 06, 2020 (LBO) - Sri Lanka's GDP growth rate for the first quarter of 2020 has been estimated as 1.6 percent of negative growth rate, when compared to the …
Fitch affirms Commercial Bank of Ceylon at ‘AA+(lka)’; Outlook negative
Aug 06, 2020 (LBO) - Fitch Ratings Lanka has affirmed Commercial Bank of Ceylon PLC's (CB) National Long-Term Rating at 'AA+(lka)'. The Outlook remains …
New Parliament meets on August 20th
Aug 04, 2020 (LBO) - President Gotabaya Rajapaksa has summoned the new Parliament to meet on 20th August, 2020 following the General Election on August 5th. …
Nations Trust Bank American Express ties up with PickMe
Nations Trust Bank American Express joins hands with PickMe, Sri Lanka’s leading mobility solutions provider, to provide convenient and cashless payment …
Dialog Axiata initiates 10 bed ICU development project at Homagama base hospital
Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, has commenced immediate civil work for the expansion and provision of all equipment to …
Housing for low, middle-income families in Colombo, Waste recycle programme: President
Jul 29, 2020 (LBO) - President Gotabaya Rajapaksa says Colombo will be developed under a well-designed plan while addressing main issues faced by the people. …
Enterprise analytics ties up with Acumatica to equip SMEs with ERP solutions
Jul 29, 2020 (LBO) - Enterprise Analytics, a leading provider of pioneering technology-based business solutions, recently partnered with Acumatica …
President orders speedy construction of central expressway
Jul 28, 2020 (LBO) - President Gotabaya Rajapaksa has directed the Minister-in-Charge to accelerate the construction works of the Central Expressway project. …
Fitch plans to withdraw ratings of Kotagala Plantations
Jul 27, 2020 (LBO) - Fitch Ratings plans to withdraw the ratings of Kotagala Plantations PLC for commercial reasons on or about 21 August 2020, which is …
South assures President historical win at General Election
Jul 24, 2020 (LBO) - People of Galle assured President Gotabaya Rajapaksa that the South is more than prepared to strengthen his administration to combat …
Interview: Our aim is to provide a better 4G experience, HUTCH CEO
With the completion of its bigger and better island wide 4G network in February this year, HUTCH is on course to enhance its brand presence and further …
SLTDA creates provisional licensing to assist SMEs
Jul 15, 2020 (LBO) - SLTDA creates provisional licensing to assist SME’s enabling them to seek COVID-19 health certification to host tourists in the future. …
Sri Lanka’s love for ‘Extra’ and Chicken Fried Rice: Report
Jul 15, 2020 (LBO) - Uber Eats today released the Sri Lanka chapter of the Uber Eats cravings report 2020, a snapshot of the country’s favourite cravings and …
Nokia and SLT deploy next generation fiber network for ultra-fast broadband access
Jul 15, 2020 (LBO) - Sri Lanka Telecom PLC (SLT), one of the leading telecom service providers in Sri Lanka, will deploy a fiber-to-the-home (FTTH) network …
Interview: Seylan Merchant Portal, simplified payment solution for SMEs in SL
Interview of Chaminda Senewiratne, head of Digital Banking, Seylan Bank PLC. Could you briefly explain what “Seylan merchant portal” is? “Seylan …